The Far Eastern University – Institute of Accounts, Business, and Finance, or simply IABF, is the academic institute offering accountancy and

business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...

programs of the

Far Eastern University Far Eastern University (Filipino language, Filipino: ''Pamantasan ng Malayong Silanganan''), also referred to by its acronym FEU, is a Private university, private non-sectarian Liberal arts college, liberal arts university in Manila, Philippines ...

. It is regarded as the oldest institute of the university, established prior to the creation of FEU. The Commission on Higher Education (CHED) accredited its Business Administration program as a Center of Development since 2015 while the BSBA and Accountancy programs are certified by the

ASEAN University Network The ASEAN University Network (AUN) is an Asian university association. It was founded in November 1995 by ASEAN member countries including 13 universities. After the enlargement of ASEAN by the ASEAN Charter in 1997 and 1999, the AUN membersh ...

-Quality Assurance (AUN-QA) and granted Level IV status by the Philippine Association of Colleges and Universities Commission on Accreditation (PACUCOA).

Brief history

The Institute predates the university itself from being established as a private institution in Manila years before the merger. Started from a dream of having an exclusive accounting school for Filipinos, Dr. Nicanor Reyes Sr., then head of the Department of Economics at the University of the Philippines, left his position to follow this dream. With several prominent educators from the UP, he founded the Institute of Accountancy in 1928. Upon branching out to other fields related to accountancy such as economics, business management, and finance, the institute was renamed as the Institute of Accounts, Business and Finance (IABF) a year later, in 1929. In 1933, Dr. Reyes would gain control over the stocks of the Far Eastern College, another institution in Manila, established by Don Vicente Fabella in 1919, and merges it with the IABF, giving birth to the Far Eastern University. IABF would continue to operate as an academic institute under the university, being its flagship institute. Through the years, IABF has been hailed as one of the largest business schools in the country. With innovative ways to modernize the curriculum, FEU has produced a high rate of business and accountancy graduates, consistent top-performers in the CPA Board exams, and a list of distinguished alumni.

Degree programs

Undergraduate programs

* Bachelor of Science in Accountancy * Bachelor of Science in

Business Administration Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of management ...

* Bachelor of Science in

Internal Auditing Internal auditing is an independent, objective assurance services, assurance and Consultant, consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a syst ...

* Bachelor of Science in Business Economics * Bachelor of Science in Human Resource and Organizational Development

Graduate programs

* Master in Business Administration

Notable alumni

Henry Sy, Sr. Henry Tan Chi Sieng Sy Sr. (; ; October 15, 1924 – January 19, 2019) was a Filipino businessman and investor. Born in Fujian, he moved with his family to the Philippines at age 12. While his family returned to China, he stayed behind and f ...

- Founder of

SM Investments SM Investments Corporation (SMIC), also known as SM Group, is a Filipino conglomerate with interests in shopping mall development and management, retail, real estate development, banking, and tourism. Founded by Henry Sy, it has become one of ...

* Ramon Sy, Sr. - Former Vice President of the Asia United Bank (AUB) * Menardo Jimenez - Former GMA Network President * Feliciano Miranda, Jr. - Former President of the Philippine National Bank (PNB) * Benjamin Punongbayan - Founder of P&A Grant Thornton *

Alfonso Yuchengco Alfonso Yuchengco (; February 6, 1923 – April 15, 2017) was a Filipino accountant, industrialist, businessman, educator, and diplomat. He headed the Yuchengco Group of Companies, one of the largest family-owned business conglomerates in the ...

- Former Philippine Representative to the United Nations

References

{{FEU Far Eastern University Business schools in the Philippines